WAL

KBRA Publishes Ratings for Western Alliance Trust Company, N.A.

Retrieved on: 
Friday, April 5, 2024
Banking, Professional Services, Finance, Western Alliance Bancorporation, WAL, BBB, WATC, Outlook, OCC, KBRA, Security (finance)

KBRA publishes its Issuer rating of BBB+ for Western Alliance Trust Company, N.A.

Key Points: 
  • KBRA publishes its Issuer rating of BBB+ for Western Alliance Trust Company, N.A.
  • (“WATC” or “the company”), an OCC-chartered, non-depository national trust bank that is a wholly-owned subsidiary of Western Alliance Bancorporation (NYSE: WAL; “parent company”), for which KBRA maintains a senior unsecured debt rating of BBB+.
  • On November 17, 2023, KBRA assigned an Issuer rating of BBB+ to WATC on an unpublished basis.
  • Accordingly, any changes to WAL’s ratings or the existing Stable Outlook for the parent company’s long-term ratings, would be accompanied by the same action for WATC’s rating.

KBRA Releases Research – Recurring Revenue Loan Metrics Dashboard: February 2024 Update

Retrieved on: 
Tuesday, February 20, 2024
Professional Services, Finance, Yoy, Name, Quarter, PIK, ARR, WAL, KBRA, LTV, RRL, Bank

KBRA releases an updated report that tracks several reported metrics within recurring revenue loan (RRL) securitizations.

Key Points: 
  • KBRA releases an updated report that tracks several reported metrics within recurring revenue loan (RRL) securitizations.
  • In this report, KBRA continues to track several key metrics sourced from quarterly collateral loan tapes provided by the issuers of KBRA-rated RRL securitizations, in dashboard form.
  • Changes in such metrics can provide an indication of the general health and credit quality of the portfolios.
  • The November analysis used collateral tapes dated through September 2023, and for this update we utilized reports dated through December 2023.

Western Alliance Bancorporation Announces Fourth Quarter and Full Year 2023 Earnings Release Date, Conference Call and Webcast

Retrieved on: 
Thursday, January 11, 2024
Banking, Professional Services, Finance, CFO, WAL, Western Alliance Bancorporation, Webcast

Western Alliance Bancorporation (NYSE: WAL) announced today that it plans to release its fourth quarter and full year 2023 financial results after the market closes on Thursday, January 25, 2024.

Key Points: 
  • Western Alliance Bancorporation (NYSE: WAL) announced today that it plans to release its fourth quarter and full year 2023 financial results after the market closes on Thursday, January 25, 2024.
  • Ken Vecchione, President and CEO, and Dale Gibbons, Vice Chairman and CFO, will host a conference call at 12:00 p.m.
  • Participants may access the call by dialing 1-833-470-1428 using the access code 941447 or via live audio webcast using the website link: https://events.q4inc.com/attendee/536267609 .
  • The call will be recorded and made available for replay January 26th after 3:00 p.m.

KBRA Releases Research – Recurring Revenue Loan Metrics Dashboard: November 2023

Retrieved on: 
Thursday, November 30, 2023
Banking, Professional Services, Insurance, Finance, ARR, Quarter, KBRA, LTV, RRL, PIK, Yoy, WAL, Name, Bank

KBRA releases an update to our earlier reports that track several reported metrics within recurring revenue loan (RRL) securitizations.

Key Points: 
  • KBRA releases an update to our earlier reports that track several reported metrics within recurring revenue loan (RRL) securitizations.
  • In this report, an update to our August analysis , KBRA continues to track several key metrics sourced from quarterly collateral loan tapes provided by the issuers of KBRA-rated RRL securitizations, in dashboard form.
  • Changes in such metrics can provide an indication of the general health and credit quality of the portfolios.
  • The August analysis used collateral tapes dated through June 2023, and for this update we utilized reports dated through September 2023.

Western Alliance to Participate in BancAnalysts Association of Boston Conference

Retrieved on: 
Friday, October 27, 2023
Banking, Communications, Professional Services, Public Relations, Investor Relations, Western Alliance Bancorporation, Conference, NYSE, WAL, Management, Broadcasting

Western Alliance Bancorporation (NYSE: WAL) announced today its President and Chief Executive Officer Kenneth Vecchione and Vice Chairman and Chief Financial Officer Dale Gibbons will deliver a presentation at the BancAnalysts Association of Boston Conference on Thursday, November 2, 2023 at 3:50 pm ET.

Key Points: 
  • Western Alliance Bancorporation (NYSE: WAL) announced today its President and Chief Executive Officer Kenneth Vecchione and Vice Chairman and Chief Financial Officer Dale Gibbons will deliver a presentation at the BancAnalysts Association of Boston Conference on Thursday, November 2, 2023 at 3:50 pm ET.
  • A webcast of the event will be accessible at https://wsw.com/webcast/baab23/wal/1609740 .
  • A recorded replay of the session will be available on the Investor Relations website later that day and will remain available for 90 days.

Western Alliance Bancorporation Announces Third Quarter 2023 Earnings Release Date, Conference Call and Webcast

Retrieved on: 
Wednesday, October 18, 2023
Banking, Professional Services, Finance, WAL, Western Alliance Bancorporation, NYSE, Webcast, CFO

Western Alliance Bancorporation (NYSE: WAL) announced today that it plans to release its third quarter 2023 financial results after the market closes on Thursday, October 19, 2023.

Key Points: 
  • Western Alliance Bancorporation (NYSE: WAL) announced today that it plans to release its third quarter 2023 financial results after the market closes on Thursday, October 19, 2023.
  • Ken Vecchione, President and CEO and Dale Gibbons, Vice Chairman and CFO will host a conference call at 12:00 p.m.
  • ET on Friday, October 20, 2023 to discuss the Company's performance.
  • Participants may access the call by dialing 1-833-470-1428 using the access code 282175 or via live audio webcast using the website link: https://events.q4inc.com/attendee/123936476 .

Boston Omaha Asset Management Announces Dennis J. Balletto Joining the Real Estate Team

Retrieved on: 
Tuesday, September 12, 2023
Banking, Professional Services, Transportation, Residential Building & Real Estate, Asset Management, Commercial Building & Real Estate, Construction & Property, Travel, Insurance, Air, Transport, Finance, University of Nevada, Reno, University, Wilber F. Breslin Center for Real Estate Studies, Research, Dennis, Real estate investment trust, Reno 1868 FC, Student, Acquisition, WAL, Knowledge, BOC, Bank, NYSE, Real estate, Western Alliance Bancorporation, Economics

Boston Omaha Asset Management (BOAM), a wholly owned subsidiary of Boston Omaha Corporation (NYSE:BOC), has named Dennis J. Balletto as a Vice President of Loan Originations and Acquisitions.

Key Points: 
  • Boston Omaha Asset Management (BOAM), a wholly owned subsidiary of Boston Omaha Corporation (NYSE:BOC), has named Dennis J. Balletto as a Vice President of Loan Originations and Acquisitions.
  • “I've known Dennis for over 15 years and have consistently held great respect for his strong work ethic and extensive knowledge of the commercial real estate sector.
  • Dennis arrives at Boston Omaha Asset Management after an accomplished career in the banking industry.
  • He is part of several real estate industry organizations and has mentored 10+ students through the Lied Institute for Real Estate Studies at the University of Nevada, Las Vegas.

KBRA Releases Research – Recurring Revenue Loan Metrics Dashboard: August 2023

Retrieved on: 
Friday, September 8, 2023
Professional Services, Finance, KBRA, RRL, Yoy, LTV, Name, PIK, Quarter, ARR, WAL, Bank

KBRA releases an updated report that tracks several reported metrics within recurring revenue loan (RRL) securitizations.

Key Points: 
  • KBRA releases an updated report that tracks several reported metrics within recurring revenue loan (RRL) securitizations.
  • In this report, KBRA continues to track several key metrics sourced from quarterly collateral loan tapes provided by the issuers of KBRA-rated RRL securitizations, in dashboard form.
  • Changes in such metrics can provide an indication of the general health and credit quality of the portfolios.
  • The May analysis used collateral tapes dated through March 2023, and for this update we utilized reports dated through June 2023.

Western Alliance Bancorporation Announces Second Quarter 2023 Earnings Release Date, Conference Call and Webcast

Retrieved on: 
Tuesday, July 11, 2023
Banking, Professional Services, Webcast, CFO, Western Alliance Bancorporation, NYSE, WAL

Western Alliance Bancorporation (NYSE: WAL) announced today that it plans to release its second quarter 2023 financial results after the market closes on Tuesday, July 18, 2023.

Key Points: 
  • Western Alliance Bancorporation (NYSE: WAL) announced today that it plans to release its second quarter 2023 financial results after the market closes on Tuesday, July 18, 2023.
  • Ken Vecchione, President and CEO, and Dale Gibbons, Vice Chairman and CFO, will host a conference call at 12:00 p.m.
  • ET on Wednesday, July 19, 2023 to discuss the Company's performance.
  • Participants may access the call by dialing 1-833-470-1428 using the access code 389791 or via live audio webcast using the website link: https://events.q4inc.com/attendee/147801611 .

Western Alliance Bancorporation Issues Deposit Update

Retrieved on: 
Thursday, May 11, 2023
Banking, Professional Services, Finance, Bank, NYSE, WAL, Airline, Coal, Western Alliance Bancorporation

Western Alliance Bancorporation (NYSE: WAL), the holding company for Western Alliance Bank, today issued the following update about deposit trends in response to recent industry events.

Key Points: 
  • Western Alliance Bancorporation (NYSE: WAL), the holding company for Western Alliance Bank, today issued the following update about deposit trends in response to recent industry events.
  • Stable Deposits: Total Deposits were approximately $49.4 billion as of Tuesday, May 9, with quarter-to-date deposit growth of $1.8 billion from $47.6 billion as of March 31 and higher by approximately $600 million from $48.8 billion as of Tuesday, May 2, the date of our last deposit status release.
  • Insured deposits were approximately 79% of total deposits as of Tuesday, May 9 compared to 68% as of March 31.
  • Our $2 billion quarter-over-quarter deposit growth rate guidance is unchanged.